MoCaFi is committed to building a financial services platform that helps America's marginalized communities create wealth through better access to public, private, and social capital. We are a fintech built for government and non-profit organizations committed to creating finance for all. Our platform is a turnkey digital banking solution for delivering cash payments, deposit accounts, and wealth empowerment tools at the city, state, and federal levels.

MoCaFi has distributed over $100M in guaranteed basic income, cash assistance, emergency rental assistance, and emergency utility payments in over a dozen municipalities. We are led by a diverse team of finance, engineering, and startup professionals committed to closing America's racial wealth gap. We offer FDIC-insured bank accounts, municipal-funded disbursement cards, and financial empowerment services directly to consumers and through our public and private sector partners.

Job Description:

We are looking for an energetic and hardworking lawyer to join our Legal team. This individual will report directly to the General Counsel and be directly responsible for the legal support of the entire product life cycle, including developing and distributing new products and related commercial, regulatory, compliance, and disclosure matters. This role will play an integral role in our growing organization. The best candidate will be flexible enough to engage in a wide range of projects and matters supporting multiple strategic objectives and operational necessities.

This position is remote or hybrid to New York City, depending on the candidate's location. The range for this role is $160,000 - 200,000, depending on the candidate's location and experience.

Job Responsibilities:

Lead Counsel for business teams on product-development legal issues, from inception to product build and maintenance, including related commercial arrangements with suppliers and customers
Provide strategic advice regarding applicable state and federal laws with a focus on consumer finance and protection and related compliance, privacy, data use, and marketing requirements/laws.
Monitor legal and regulatory developments in consumer finance and other relevant areas
Assist with the growth and maturation of our compliance and privacy programs
Lead the legal development and review of all associated consumer disclosures and related website and App materials
Oversee the design and implementation of legal policies, programs, and practices, ensuring the company activities comply with applicable laws and regulations
Support relationships with our critical partners
Provide legal advice on strategic commercial matters and prepare, review, and negotiate complex contracts, joint ventures, and customer/supplier agreements
Prepare and coordinate support and documentation for submissions, customer and vendor due diligence, audits, product registrations and certifications, licenses and renewals
Be a trusted advisor and teammate, sharing legal and other expertise and support when needed
Identify and evaluate business and legal risks with an eye toward creative problem-solving
Draft terms and conditions, cardholder agreements and other disclosures, and compliance-related policies, review copy

Qualifications:

5+ years of related financial services or fintech experience, preferably with a focus on US Consumer Payments Experience (prepaid, debit, credit, and ACH)
Experience with Reg E, consumer finance, privacy, AML, and related marketing laws preferred
JD from a highly reputable, ABA-accredited law school
Admitted to practice law and in good standing in at least one state bar/jurisdiction
A combination of firm and in-house experience is preferred
The ability and desire to develop expertise in new or unfamiliar areas of law
Strong communication skills, detail-oriented and exceptionally organized
Robust interpersonal and relationship-building skills
Strong organization and self-reliant technology skills
Ability to multi-task and manage various projects, meet deadlines, excel under pressure, and work independently
Must be authorized and permanently located in the United States

Why you'll love working here:

An empowering workplace that values initiative and critical thinking
Work on achieving our financial inclusion mission
A supportive and inclusive culture: recognizes contributions and celebrates wins
A welcoming environment that appreciates your bringing your entire self to work Time to rest and recharge
- flexible time off policy as long as you can get your job done and make arrangements with your manager to cover you if needed

MoCaFi believes all persons should have equal access to its programs, facilities, and employment. This policy is without regard to race, color, ancestry, national origin, age, gender, sexual orientation, gender identity, age, religion, disability, medical condition, genetic information, marital, or veteran status.

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